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Front-line managers have the final responsibility for strategic planning.
Standard Deviation
A numerical indicator used in statistics to represent the extent of scatter among data points.
Standard Deviation
A statistical measure that indicates the extent of deviation for a group as a whole, showing how much variation or dispersion exists from the average.
Cyclical Stock
A stock whose price is affected by macroeconomic or systematic changes in the overall economy.
Countercyclical Stock
Stocks that tend to move inversely to the economic cycle; they perform well when the economy is in a downturn.
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